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BYD looks to further electrify Europe, selecting Hungary for its first EV production facility

Electrek

As Chinese EV automaker Build Your Dreams (BYD) closes in on current global sales leader Tesla, a massive factor in its strategy includes expansions in the EU. Less than two months after BYD shared plans to expand passenger EV production to Europe, we now know that journey will begin in Hungary.

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BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Baua Electric

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop. FTC: We use income earning auto affiliate links.

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BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. Hedin is a Swedish company that distributes other Chinese car brands across Germany, including BYD and XPeng. The Swedish car distributor previously managed BYD’s relationship with dealers across Germany.

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BYD EV plant in Mexico under consideration

Teslarati

Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.

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BYD launches major hiring spree as record-breaking run heats up

Baua Electric

BYD went on a hiring spree over the past few months as sales and profits reached new levels. With momentum building, China’s EV leader is drastically ramping up production and expanding its workforce to meet the higher demand. million new energy vehicles (EVs and PHEVs) in the third quarter, BYD’s net income surged to $1.6

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BYD wants to sell 100,000 EVs in Mexico next year as its North American presence expands

Baua Electric

China’s leading electric vehicle maker, BYD , is expanding its North American footprint. BYD will also announce its first manufacturing plant in the region by the end of 2024. BYD expands in the North American market with new EVs After dominating in its home market, BYD is looking overseas to drive sales growth.

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BYD expands reach in Europe with best-selling Atto 3, Seal EV launching in Greece

Baua Electric

China’s leading EV maker, BYD , is expanding its presence in Europe by launching its best-selling Atto 3 and Seal in Greece. BYD said more models are launching soon. BYD expands in Europe, launches two new EVs in Greece BYD is “just getting started” in Europe, according to the region’s CEO, Michael Shu.

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